{"id":9073,"date":"2025-01-22T15:29:59","date_gmt":"2025-01-22T15:29:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9073"},"modified":"2025-01-22T15:29:59","modified_gmt":"2025-01-22T15:29:59","slug":"crypto-lender-nexo-introduces-5000-minimum-limit-to-focus-on-wealthy-clients","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9073","title":{"rendered":"Crypto Lender Nexo Introduces $5,000 Minimum Limit to Focus on Wealthy Clients"},"content":{"rendered":"<div>\n<p>Crypto trading and lending platform Nexo is set to introduce a $5,000 minimum limit to use its services as the firm evolves into a digital assets wealth manager targeting the mass affluent market.<\/p>\n<p>The move, which comes into effect in February, is part of the firm\u2019s 2025 <a href=\"https:\/\/nexo.com\/brand\" target=\"_blank\">growth strategy<\/a> and recent rebranding, according to a press release on Tuesday.<\/p>\n<p>\u201cGuided by principles rooted in traditional finance and the personalized excellence of private white-glove services, we are committed to delivering sustainable wealth solutions for generations to come,\u201d Nexo co-founder Kosta Kantchev said in a statement.<\/p>\n<p>Nexo is one of the few crypto borrow and lend platforms to have survived the bear market of 2022-23, and collapse of many centralized crypto finance firms at that time. Looking ahead, Nexo <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/03\/05\/crypto-lender-nexo-secures-first-regulatory-victory-in-dubai\" target=\"_blank\">won an initial approval to operate<\/a> as a licensed entity in Dubai in March of last year.<\/p>\n<p>Nexo has over $11 billion in assets under management, has issued $8 billion in crypto credit, and paid out over $1 billion in interest, the company said.<\/p>\n<p>\n[Update: date in story changed to February]<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto trading and lending platform Nexo is set to introduce a $5,000 minimum limit to use its services as the firm evolves into a digital assets wealth manager targeting the mass affluent market. The move, which comes into effect in February, is part of the firm\u2019s 2025 growth strategy and recent rebranding, according to a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9073","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9073"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9073\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}